Spain Wants Bailout

MADRID (AP) - The respite in the European Union's financialcrisis after the Greek election ended today when Spain's borrowingcosts smashed through the level at which Greece, Portugal andIreland sought assistance. The interest rate on Spain's 10-yearbonds stood at 7.06 percent, a rise of nearly 19 basis points forthe day. Spain has already requested a bailout for its bankingsector.